Low Income Apartments For Rent in East Point, GA

Rental assistance programs support 380 low-income homes in East Point where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $343 towards rent each month.

Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving East Point, Georgia

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Housing Authority	Programs
East Point Housing Authority	Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH)
Housing Authority of Fulton County	Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Section 8 Project-Based Voucher (PBV)

Go to the Georgia Public Housing and Low-Income Apartments Waiting Lists page for openings near East Point.

East Point, Georgia Affordable Housing Data

Income Based Apartments in East Point, Georgia

East Point features 380 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in East Point, Georgia

There are 2,313 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in East Point.

Housing Choice Vouchers in East Point, Georgia

On average, Section 8 Housing Choice vouchers pay East Point landlords $1,000 per month towards rent. The average voucher holder contributes $300 towards rent in East Point.

The maximum amount a voucher would pay on behalf of a low-income tenant in East Point, Georgia for a two-bedroom apartment is between $1,660 and $2,028.

2024 East Point, Georgia Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

	Studio	One BR	Two BR	Three BR	Four BR
East Point, Georgia Fair Market Rent	$1,599	$1,643	$1,844	$2,230	$2,707
East Point, Georgia Payment Standard Range	$1,439 to $1,759	$1,479 to $1,807	$1,660 to $2,028	$2,007 to $2,453	$2,436 to $2,978

Sourced from federal housing data and AffordableHousingOnline.com research.

East Point, GA Affordable Housing Snapshot

Total Affordable Apartment Properties 15

Total Low Income Apartments 2,694

Total Housing Units with Rental Assistance 380

Percentage of Housing Units Occupied By Renters 57.7%

Average Renter Household Size 2.64

Average Household Size 2.60

Median Household Income $37,049 ±$2,534

Median Rent $909 ±$23

Percentage Of Renters Overburdened 55.94% ± 4.51pp

Total Population 35,357

Total Affordable Apartment Properties	15
Total Low Income Apartments	2,694
Total Housing Units with Rental Assistance	380
Percentage of Housing Units Occupied By Renters	57.7%
Average Renter Household Size	2.64
Average Household Size	2.60
Median Household Income	$37,049 ±$2,534
Median Rent	$909 ±$23
Percentage Of Renters Overburdened	55.94% ± 4.51pp
Total Population	35,357

Population and Household Demographics

East Point is a city in Fulton County, Georgia with a population of 35,357. There are 13,443 households in the city with an average household size of 2.60 persons. 57.7% of households in East Point are renters.

Income and Rent Overburden in East Point

The median gross income for households in East Point is $37,049 a year, or $3,087 a month. The median rent for the city is $909 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In East Point, a household making less than $3,030 a month would be considered overburdened when renting an apartment at or above the median rent. 55.94% of households who rent are overburdened in East Point.

Area Median Income In East Point

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For East Point, the AMI is calculated from all households within Fulton County.

In East Point, HUD calculates the Area Median Income for a family of four as $103,500

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in East Point

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in East Point

	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30% AMI Income Limits Renters earning up to 30% of the East Point AMI may qualify for rental assistance programs that target Extremely Low Income households.	$21,500	$24,550	$27,600	$30,650	$35,140	$40,280	$45,420	$50,560
50% AMI Income Limits Renters earning up to 50% of the East Point AMI may qualify for rental assistance programs that target Very Low Income households.	$35,750	$40,850	$45,950	$51,050	$55,150	$59,250	$63,350	$67,400
80% AMI Income Limits Renters earning up to 80% of the East Point AMI may qualify for rental assistance programs that target Low Income households.	$57,200	$65,350	$73,500	$81,650	$88,200	$94,750	$101,250	$107,800